Bankrupt · Opening faillissement (CBE)

MORETUS MOTORS

BE0416492066

Rechtspersoon Public limited company 1 establishment

Kielsevest 14 box 201, 2018 Antwerpen

Start date

1 October 1976

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 6 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    13 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

MORETUS MOTORS from Antwerpen, company number BE0416492066, closed financial year 2023 with a result of € 91,829 after tax. For that financial year MORETUS MOTORS recorded a gross margin of € 97,574 and equity of € -3.7 million. Compared with financial year 2022, the result moved from € -969,151 to € 91,829. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 12, 2024.

What it is worth Caution

€ -3.7 million

▲ € 91,829 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 91,829

▲ still € 969,151 loss in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 242,693

▲ 60% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -4 million.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 469

▲ 19% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4.1 million

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20222023Change 2022 → 2023
Gross margin € 95,094 € 97,574 ▲ 3%
Profit after taxes € -969,151 € 91,829 ▲ € 1.1 million
Equity € -3,822,188 € -3,730,359 ▲ € 91,829
Total debts € 4,132,568 € 4,132,642
Cash € 152,013 € 242,693 ▲ 60%
Land & buildings € 138,820 € 138,820
Retained profit € -4,135,722 € -4,043,893 ▲ € 91,829
Balance sheet total € 310,379 € 402,282 ▲ 30%

Key figures of MORETUS MOTORS, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 January 2025.

What happened to MORETUS MOTORS?

What happened at MORETUS MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

MORETUS MOTORS is active according to the CBE. Legal situation: Opening faillissement.

  • Patrice SWYNEN stepped down as director. NBB
  • Raoul VAN HOUTERT stepped down as director. NBB
  • New annual accounts for financial year 2023: profit of € 91,829. Source: NBB ↗
  • Patrice SWYNEN became a director. NBB
  • Raoul VAN HOUTERT became a director. NBB
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 969,151 loss in 2022 to € 91,829 profit in 2023.

Paid € 1.1 million in corporate taxes since 2022.

Best year ever: 2023, with € 91,829 profit.

Management

Directors

According to the 2023 annual accounts

Patrice SWYNEN

Managing director

since 2019 · until 2025

Raoul VAN HOUTERT

Managing director

since 2019 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Kielsevest 14 box 201

2018 Antwerpen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0416.492.066
VAT number
BE 0416.492.066
Registered office
Kielsevest 14 bus 201, 2018 Antwerpen
Names & denominations
MORETUS MOTORS · ETN. MORETUS MOTORS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
1 October 1976
Peppol
Not registered

Frequently asked questions

What is the address of MORETUS MOTORS?
The registered office of MORETUS MOTORS is located at Kielsevest 14 box 201, 2018 Antwerpen.
Is MORETUS MOTORS still active?
No. The CBE lists MORETUS MOTORS with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is MORETUS MOTORS registered on Peppol?
No, MORETUS MOTORS is currently not registered on the Peppol network.
What is the enterprise number of MORETUS MOTORS?
The enterprise number of MORETUS MOTORS is BE0416492066.
When was MORETUS MOTORS founded?
MORETUS MOTORS was founded on 1 October 1976.
Who are the directors of MORETUS MOTORS?
According to the 2023 annual accounts, the directors of MORETUS MOTORS are: Patrice SWYNEN, Raoul VAN HOUTERT.